Business Overview

Staffing Company, Price: $2.9 million

Company enjoys being a part of one of the best known and highest ranking franchise staffing systems in the US. This franchise territory has earned many local and national awards for client and candidate satisfaction. Highly profitable, with additional expansion territories included. Excellent staff in place with many years’ experience servicing this community. Owner would like to retire. Four year average EBITDA, including COVID year, $658,233.

This business is listed for sale by Walden Businesses, Inc., a prestigious mergers and acquisitions firm based in Atlanta, Georgia. For more information about this opportunity, contact Sara Burden at 678-277-9951, Ext. 11. Visit our website for more information about our company and the services we provide our clients.

Financial

  • Asking Price: $2,900,000
  • Cash Flow: N/A
  • Gross Revenue: $1,712,010
  • EBITDA: $484,245
  • FF&E: $17,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2000

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,643
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2-4 weeks at no charge

Purpose For Selling:

Retirement

Established Franchise:

This Business Is An Established Franchise

Additional Info

The venture was founded in 2000, making the business 22 years old.

The business has 6 employees and is located in a building with estimated square footage of 3,643 sq ft.
The building is leased by the company for $5,009 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell companies. Nevertheless, the genuine reason vs the one they say to you may be 2 completely different things. For instance, they might claim "I have way too many other commitments" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might simply be excuses to try to hide the reality of altering demographics, increased competition, recent decrease in profits, or a variety of other factors. This is why it is very crucial that you not depend absolutely on a vendor's word, however instead, make use of the seller's response in conjunction with your general due diligence. This will repaint a more practical image of the business's current scenario.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses take out loans in order to cover things such as stock, payroll, accounts payable, etc. Keep in mind that sometimes this can indicate that earnings margins are too thin. Lots of organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that must be fulfilled or might cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in brand-new clients? Most times, businesses have repeat customers, which develop the core of their daily earnings. Certain factors such as new competitors sprouting up around the area, roadway building, and also staff turnover can influence repeat customers and also negatively affect future earnings. One crucial thing to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Obviously, the more individuals that see the business regularly, the better the opportunity to construct a returning customer base. A last thought is the basic location demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? Exactly how might the neighborhood median household earnings influence future earnings potential?